Posted On: 12/08/2014 10:05:38 PM
Post# of 4205
Actually if Meow is not mistaken Spongetech or SPNG was a total scam. It made fake websites that were retailers supposedly big retailers that bought inventory of product. Bought on ad space at sports stadiums to be billed later at places like Penguins stadium and the Mets stadium, and defaulted on the payment for them of $800,000 or sometning along those lines. They took 1000s of investors for a ton of money over a complete scam.
The true sad thing is there were at conventions too. As Meow has an example of the product from their booth. So in their case being at Conventions, Product out, Advertized at Pro-level Stadiums, web site that show retailers. Was supposed to be the greatest penny stock investment in history............Was all a BIG Scam.
Bottom like is you can never really know for sure, because SPNG was supposed to be a sure thing and make all investors rich. Quite the opposite was true and was the result.
The true sad thing is there were at conventions too. As Meow has an example of the product from their booth. So in their case being at Conventions, Product out, Advertized at Pro-level Stadiums, web site that show retailers. Was supposed to be the greatest penny stock investment in history............Was all a BIG Scam.
Bottom like is you can never really know for sure, because SPNG was supposed to be a sure thing and make all investors rich. Quite the opposite was true and was the result.
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